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SpaceX and Tesla CEO Elon Musk is backing a brain-computer interface venture called Neuralink, according to The Wall Street Journal. The company, which is still in the earliest stages of existence and has no public presence whatsoever, is centered on creating devices that can be implanted in the human brain, with the eventual purpose of helping human beings merge with software and keep pace with advancements in artificial intelligence. These enhancements could improve memory or allow for more direct interfacing with computing devices.

Musk has hinted at the existence of Neuralink a few times over the last six months or so. More recently, Musk told a crowd in Dubai, “Over time I think we will probably see a closer merger of biological intelligence and digital intelligence.” He added that “it’s mostly about the bandwidth, the speed of the connection between your brain and the digital version of yourself, particularly output.” On Twitter, Musk has responded to inquiring fans about his progress on a so-called “neural lace,” which is sci-fi shorthand for a brain-computer interface humans could use to improve themselves.

Elon Reeve Musk is the founder, CEO, and CTO of SpaceX; co-founder, CEO, and product architect of Tesla Inc.; co-founder and chairman of SolarCity; co-chairman of OpenAI; co-founder of Zip2; and founder of X.com, which merged with Confinity and took the name PayPal. As of March 2017, he has an estimated net worth of 13.9 billion, making him the 80th wealthiest person in the world. In December 2016, Musk was ranked 21st on Forbes list of The World’s Most Powerful People.

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